Tag: Borrowing

Philip J Pierre continues his borrowing Spree

During today’s sitting of Parliament, Prime Minister Philip J Pierre will do the following borrowing:  1)$10 Million US  2)$80 Million EC for the National Lotteries Authority: He did this a few weeks ago, why is he coming back with this same loan? Something is fishy!  3)$64.1 Million EC in Government bonds  4)$477.3 Million EC in bonds and treasury bills will…

Prime Minister Philip J Pierre and Sports Minister Kenson Casimir Under Fire for Lack of Transparency in Sports Facilities Upgrades

Prime Minister Philip J Pierre and Sports Minister Kenson Casimir are facing criticism for their handling of the upgrades to major sports facilities in Saint Lucia, particularly concerning transparency and accountability in expenditure. The ongoing renovations to the Daren Sammy Cricket Ground, Gros Islet Playing Field, and Mindoo Philip Park have raised concerns among Saint Lucians due to the lack…